[GNC] tax report for india
Paras Desai
desaiparas at outlook.com
Thu Oct 12 09:07:55 EDT 2023
Hello Adrien,
Thanks for your reply. Much appreciate.
I was running the transaction report, without selecting child account (I
assumed that by selecting “Income” account all children accounts would
be selected automatically, but that was not the case). I selected all
the children accounts (there is a separate Tab for the same in
Transaction report) and I could generate the report, which is close to
what I had expected.
I also tried to run the Account Summary report, which was cleaner and
concise, (though I had to select individual “Taxable Income”
separately), but it could not generate the Grand Total.
Yes, I am aware that I can filter based on the note/description text to
generate the tax report, as you kindly highlighted. But I always fear,
if I may miss tagging a particular transaction as Taxable while posting,
and eventually it may lead to an error in figures I get. So I chose
little foolproof way, though I have to make few extra entries, but it is
OK for me!
Thanks again for your suggestion and wish, one day we will see a tax
report for India too !!
With my best regards
Paras
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